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HS-HANDEL AS
AS
Active
Org 988147648
Nesøyra 12, 4208 Saudasjøen
Wholesale of solid, liquid and gaseous fuels and related products · NACE 4681
Est. 2005
5 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 10,9M
+2% vs 2024
EBITDA margin
11.7%
-17% vs 2024
Equity ratio
80.2%
Financial strength
Net profit 2025
NOK 872K
-18% vs 2024
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2021
1M
0%
2022
1M
0%
2023
2M
+100%
2024
1M
-50%
2025
Key figures
Annual report 2025
Revenue
NOK 10,9M
+2%
EBITDA
NOK 1,3M
-17%
Net profit
NOK 872K
-18%
Total assets
NOK 7,1M
+13%
Equity
NOK 5,7M
+18%
Employees
5
—
Company information
Legal name
HS-HANDEL AS
Org number
988147648
Legal form
Aksjeselskap
NACE code
4681 · Wholesale of solid, liquid and gaseous fuels and related products
Founded
2. mai 2005
Share capital
NOK 100 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder og daglig leder hver for seg.
Company purpose
Handel med gass og andre produkter til industrien samt delta i andre foretak med samme formål.
Contact
Address
Nesøyra 12, 4208 Saudasjøen
Phone
+4752785710
Email
post@hs-handel.no
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Explore
Companies in Wholesale of solid, liquid and gaseous fuels and related products
Companies in Sauda
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
13M
10M
2021
10M
2022
10M
2023
11M
2024
11M
2025
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2021
1M
2022
1M
2023
2M
2024
1M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
9 843
10 464
10 124
10 639
10 889
Staff expenses
−2 294
−2 384
−2 413
−2 522
−2 516
EBITDA
1 282
892
537
1 547
1 278
Depreciation & amort.
−458
−352
−237
−179
−171
EBIT
824
540
300
1 369
1 106
Net financials
−11
−11
−9
−4
11
Profit before tax
812
529
291
1 364
1 117
Tax
180
116
64
300
246
Net profit
633
412
227
1 064
872
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
6 628
6 804
6 671
6 238
7 053
Equity
3 080
3 493
3 719
4 784
5 655
Long-term debt
0
0
0
0
0
Short-term debt
3 547
3 311
2 952
1 454
1 398
Total debt
3 547
3 311
2 952
1 454
1 398
Financial ratios
5-year trend
EBITDA margin
11.7%
This company
15.8%
Market median
-26% vs market
2021
2025
Equity ratio
80.2%
This company
38.2%
Market median
+110% vs market
2021
2025
Return on equity
15.4%
This company
18.4%
Market median
+16% vs market
2021
2025
Net profit margin
8.0%
This company
8.1%
Market median
-1% vs market
2021
2025
Asset turnover
1.54×
This company
1.12×
Market median
+37% vs market
2021
2025
Debt / equity
0.25×
This company
0.62×
Market median
+60% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
JH
Jostein Hetleflåt
Deputy Member
Deputy Member
2005
KI
Karl Ingebrigt Hetleflåt
Chief Executive Officer
Chief Executive Officer
2005
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Hetleflåt Eiendom As
Company
100%
100%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
Hetleflåt Holding As
Hetleflåt Eiendom As
HS-HANDEL AS
(this company)
Board network connections
Board members of HS-HANDEL AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jostein Hetleflåt
Deputy Member
0 companies
Karl Ingebrigt Hetleflåt
Chief Executive Officer
0 companies